India's Richest People 2026 edition · 1 director · Source: Hurun India
- #590 Ishverbhai Dholakiya & family ₹5,700 Cr
Revenue · FY 2025
₹1,576.12 Cr
▲ 38% YoY
Net profit · FY 2025
₹62.12 Cr
Net margin 3.9%
EBITDA · FY 2025
₹163.93 Cr
EBITDA margin 10.4%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹41.55 Lakh
Issued & subscribed
Open charges
₹2,933.86 Cr
Satisfied ₹92 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
603
Provident fund records
About Goldi Sun Private Limited
Data last updated:
Goldi Sun Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Goldi Solar Private Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 06 May 2020 and has been in existence for over 6 years.
Its director Ishverbhai Dholakiya and family are #590 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2020PTC396893. Its GSTIN is 27AAICG2951R1ZX (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹41.55 Lakh. It is led by directors Ishverbhai Arjanbhai Dholakiya (Managing Director) and Dhruv Ishverbhai Dholakiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,576.12 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹62.12 Cr (net margin 3.9%) and EBITDA of ₹163.93 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 897% over three years.
The company has about 603 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goldi Solar. As per MCA filings, the company has open charges of ₹2,933.86 Cr and satisfied charges of ₹92 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2022. Its 4 peer companies in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Olectra Greentech Limited with revenue of ₹1,814.21 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 92 overdue payments to 42 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goldisolar.com.
Company details
CIN U40100MH2020PTC396893
Registration Number 396893
Incorporation Date 06 May 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Goldi Solar Private Limited
Compliance Status Active Compliant
CIN history
Goldi Sun has one previous CIN (Corporate Identification Number): U40100GJ2020PTC113534. The current CIN is U40100MH2020PTC396893, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH2020PTC396893 | Current |
| U40100GJ2020PTC113534 | Previous |
Recognitions & Rankings of Goldi Sun
Contact details
Goldi Sun Private Limited's registered office is in Mumbai, Maharashtra. Its website is goldisolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address227 Trade Centre Opp Mtnl Building, Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Power Equipment Manufacturers
To see the full contact details of Goldi Sun Private Limited, buy the company report.
Comprehensive company report
Goldi Sun Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Goldi Sun operates one associated brand: Goldi Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of solar PV modules | goldisolar.com |
Business activity
The main business activity of Goldi Sun is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Goldi Sun Private Limited, buy the company report.
Financials of Goldi Sun Private Limited
FY 2025 filings availableGoldi Sun Private Limited reported revenue of ₹1,576.12 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹1,576.12 Cr ▲ 38%
Net profit · FY 2025
₹62.12 Cr margin 3.9%
EBITDA · FY 2025
₹163.93 Cr margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 897%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 446%
Revenue has grown at a compounded annual rate (CAGR) of 897% over three years, including 38% growth in the latest year. EBITDA rose 84% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹163.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Goldi Sun Private Limited, buy the company report.
Board of directors of Goldi Sun Private Limited
Goldi Sun has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishverbhai Arjanbhai Dholakiya | Managing Director | 06 May 2020 | 6 Years 5 Months | Current |
| Dhruv Ishverbhai Dholakiya | Director | 20 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Goldi Sun Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Olectra Greentech Limited | ₹1,814.21 Cr (FY 2025) | 56.0% | Hyderabad, Telangana, India | |||
| Andritz Hydro Private Limited | ₹1,760.22 Cr (FY 2024) | 24.0% | Mandideep, Madhya Pradesh, India | |||
| Goldi Sun Private Limitedthis company | ₹1,576.12 Cr (FY 2025) | ₹62.12 Cr | 3.9% | 38.0% | 603 | Mumbai, Maharashtra, India |
| Tbea Energy (India) Private Limited | ₹1,531.9 Cr (FY 2024) | 42.0% | Karjan, Gujarat, India | |||
| Eaton Power Quality Private Limited | ₹1,492.37 Cr (FY 2025) | 15.0% | Puducherry, India |
To see the full peer comparison of Goldi Sun Private Limited, buy the company report.
Auditor
Goldi Sun Private Limited is audited by SNK& CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNK& CO | FY 2023 | 109176W |
Shareholding
The shareholding of Goldi Sun Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Goldi Sun Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2,933.86 Cr
Satisfied charges
₹92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2025 | 101135790 | Others | ₹300 Cr | Open | |
| 06 May 2025 | 101097644 | Others | ₹250 Cr | Open | |
| 17 Dec 2024 | 101020221 | Hdfc Bank Limited | ₹13.67 Lakh | Open | |
| 26 Nov 2024 | 101018625 | Others | ₹1,079 Cr | Open | |
| 16 Nov 2024 | 101007729 | Hdfc Bank Limited | ₹18.5 Lakh | Open |
To see the full charge records of Goldi Sun Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Goldi Sun Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2022.
Total deals
3
Rights issues
2
Secondary share transfer
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹18 Cr | Investors: Goldi Solar Private Limited |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Goldi Solar Private Limited Seller: 2 individuals |
| Apr 2021 | Rights issue | ₹13.3 Lakh | Investors: Goldi Solar Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goldi Sun Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by Goldi Solar Private Limited | Disposed |
To see the full case history of Goldi Sun Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Goldi Sun Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 92 overdue payments to 42 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rayzon Solar Limited | |||
| an individual supplier | |||
| Defmacro Software Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Goldi Sun Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goldi Sun Private Limited has a workforce of 603 employees on its EPFO records as of Aug 18, 2025, across 1 active EPFO establishment.
Employee count
603
Active EPFO establishments
1
Employee growth
133.72%
GST
Goldi Sun has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG2951R1ZX | Maharashtra | Active | 14 Aug 2022 |
| 24AAICG2951R1Z3 | Gujarat | Active | 19 Jul 2020 |
To see the full GST registrations and return filing status of Goldi Sun Private Limited, buy the company report.
Recent activity
Goldi Sun Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Bharatkumar Laxmanbhai Bhut ceased to be Director on 20 Jul 2024.
Charges
A charge with Others of Rs. 23,000.00 Lakh registered on 25 Jun 2022 with Charge ID 100594739 was modified on 29 Oct 2025.
Charges
A charge with Others of Rs. 25,000.00 Lakh registered on 06 May 2025 with Charge ID 101097644 was modified on 17 Oct 2025.
Charges
A charge with Axis Bank Limited of Rs. 20,376.00 Lakh registered on 27 Jun 2022 with Charge ID 100593474 was modified on 14 Oct 2025.
AGM
Goldi Sun Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30,000.00 Lakh with Charge ID 101135790 was registered on 18 Jul 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15,000.00 Lakh registered on 08 Aug 2024 with Charge ID 100966762 was modified on 14 Jul 2025.
Charges
A charge with Others amounted to Rs. 25,000.00 Lakh with Charge ID 101097644 was registered on 06 May 2025.
Filing
Goldi Sun Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 107,900.00 Lakh registered on 26 Nov 2024 with Charge ID 101018625 was modified on 07 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.67 Lakh with Charge ID 101020221 was registered on 17 Dec 2024.
Charges
A charge with Others amounted to Rs. 107,900.00 Lakh with Charge ID 101018625 was registered on 26 Nov 2024.
Charges
A charge with Others of Rs. 18,730.00 Lakh registered on 29 Nov 2022 with Charge ID 100649193 was modified on 21 Nov 2024.
24 earlier events are in the company report.
News
Frequently asked questions
Goldi Sun is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 06 May 2020 (6+ years old) and is registered under CIN U40100MH2020PTC396893.
Goldi Sun has 2 current directors:
- Ishverbhai Arjanbhai Dholakiya - Managing Director
- Dhruv Ishverbhai Dholakiya - Director
The latest financial statements of Goldi Sun on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Goldi Sun is 27AAICG2951R1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICG2951R1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Goldi Sun is U40100MH2020PTC396893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldi Sun has 1 court case on record: 1 filed against it.
Goldi Sun was incorporated on 06 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Goldi Sun has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2022.
The peers of Goldi Sun by revenue are Olectra Greentech Limited, Andritz Hydro Private Limited, Tbea Energy (India) Private Limited, Eaton Power Quality Private Limited, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bharatkumar Laxmanbhai Bhut ceased to be Director on 20 Jul 2024. Dhruv Ishverbhai Dholakiya was appointed as Director on 20 Jul 2024. Bharatkumar Laxmanbhai Bhut was appointed as Director on 06 May 2020. Goldi Sun has 4 board changes on record in total.
Goldi Sun has 7 MSME Form 1 returns on record between 2021 and 2024, listing 92 overdue payments to 42 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Goldi Sun can be reached through the website goldisolar.com. Its registered office is in Mumbai, Maharashtra, India.
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